Aria Systems Celebrates Surpassing Fifty Customer Win / Implementation Milestone
Philadelphia, Pa. - July 22, 2008 — Aria Systems Inc., the industry standard and leading provider of on-demand billing and customer lifecycle management solutions, announced that it has just surpassed the milestone of fifty clients, putting the company in the strongest financial position in its history while further solidifying and enhancing its market leader role in the Software-as-a-Service (SaaS) billing space.
Having built and implemented its customer base steadily, in a considered, fiscally responsible manner, over its five year history in the market — and as the only player to have served the market nearly this long — Aria Systems sees its growth accelerating as the market for on-demand subscriptions grows.
Clients from industries such as SaaS, gaming, telecom, and even non-profit organizations, have endorsed the breadth and depth of the Aria Systems solution, including latest client Phase 2. “Finding the best billing provider has been a high priority for Phase 2,” said CEO Kevin Doherty. “Scaling a SaaS business to more than a few dozen customers requires a solution like Aria’s that integrates sophisticated billing with end-to-end customer lifecycle management. Aria’s platform was designed to meet the unique needs of subscription-based models which is highly relevant to the success of SaaS businesses like PHASE 2.”
“We are extremely pleased with the base of businesses that increasingly turn to us for subscription billing and customer life cycle management solutions,” said Edward Sullivan, president & CEO, Aria Systems. “And, as the pioneer of the SaaS billing space, it is exciting and gratifying to see the realization of the vision we had in 2003 as large sectors of the enterprise space increasingly turn to the SaaS billing model. Even the number of competitors we have recently attracted to the space confirm that on-demand billing’s time has come. These newcomers’ lack of experience can mislead or confuse the market at times, but ultimately they help us and our growth as customers seek mature, proven — they even tell us ‘non-risky’ — solutions.”
About Aria Systems
Aria Systems is the leading provider of subscription billing solutions and offers the only "monetization platform" encompassing the full spectrum of Billing and Customer Lifecycle Management services. The "monetization platform" offers clients the on-demand billing industry's most flexible tool for accelerating revenue capture, optimizing cash flow, and enabling actionable market intelligence while significantly reducing operating costs throughout each phase of the customer lifecycle. Acknowledged as the SaaS billing leader in terms of experience and execution, Aria manages and maintains more than 1 million accounts and has processed more than 1 billion transactions since it began operations in 2003. With Hummer Winblad and software billing icon Dave Labuda as investors, the company is based in Media, Pa. (metropolitan Philadelphia), with offices in the San Francisco bay area as well. For more information, visit www.ariasystems.com.
About PHASE 2 International
PHASE 2 International delivers affordable and scalable access to high-end business software applications via a Software as a Service — SaaS — model. Ideal for businesses of all sizes, and especially practical for small-to-medium-sized businesses, the hosted applications available through PHASE 2 currently include Microsoft SharePoint, Exchange, Project Server, CRM and Office Communicator along with PHASE2's ShareMeeting and award-winning ShareCAD Pro. All of PHASE 2's business applications are delivered across the web to enable on-demand access to corporate information whenever and wherever in the world the user happens to be. PHASE 2's SaaS solutions provide cutting edge security, scalability for future requirements, automatic data back-up and a reliable, state-of-the-art infrastructure that removes the burden and risks of hosting solutions internally.
Media Contacts
Jasmine Teer
Page One PR
+1-415-321-2348 (office)
aria@pageonepr.com
Steph Johnson
Page One PR
+1-212-410-2254 (office)
aria@pageonepr.com
PHASE 2 International:
Adam Smith
808.550.2739 Ext 0216